INDIANAPOLIS—On Thursday, the revenue forecast was released showing an increase in Indiana’s revenue projections by $2.4 billion over the next 3 years. Assistant Democratic Leader Eddie Melton (D-Gary) released the following statement on the revenue forecast:

“We know that economic growth is tied to educational attainment. This is an opportunity for us to invest in the people of Indiana, and bring more economic growth to our state by increasing investment in education and regional economic development opportunities. We are now within reach of implementing Governor Holcomb’s teacher pay commission recommendation to put $600M a year in the school funding formula. This is the time to pay down the debt we owe teachers and their students by increasing our investment in the school funding formula.”